Software · Malaysia · Head-to-head
Financio (by ABSS) vs RIB CostX
Two Malaysia software options, compared side by side for Malaysia trades.
Which should you choose?
Financio (by ABSS) is Tier S: our check found its prices published on its own website. RIB CostX is Tier A. Compare the typical pricing shown for each below. The tier is not a quality ranking: weigh the pros, cons, pricing and Malaysia-specific notes below against your trade and region.
Financio (by ABSS)
Tier S · Published pricesCloud accounting and payroll for Malaysian SMEs from ABSS
Financio is the cloud accounting and payroll product of Asian Business Software Solutions (ABSS), the former MYOB South Asia, which rebranded to ABSS in 2018 and launched Financio in Malaysia and Singapore in 2017. The Star reported in June 2022 that Censof Holdings had raised its stake in ABSS to 97%. ABSS also sells the desktop ABSS Accounting and Premier range and says more than 400,000 SMEs use its software.
Pros
- + Published prices from RM50 per month
- + LHDN e-invoices included in both plans
- + Payroll product from the same vendor
- + 30-day free trial of the Premier plan
Cons
- − Essentials plan includes only 25 LHDN e-invoices
- − No permanently free plan
- − SST treatment of the listed prices not stated
- − No construction job-costing features found on its pages
Malaysia note
Financio says its users can send, receive and track e-invoices with LHDN, and its e-invoice guide covers consolidated and self-billed e-invoices and credit or debit notes. The Essentials plan includes 25 LHDN e-invoices and Premier 5,000, so check the quota against your invoice volume.
RIB CostX
Tier A · Listed2D and BIM takeoff with estimating spreadsheets live-linked to drawings
RIB CostX, first sold as Exactal CostX, is a takeoff, estimating and reporting product from RIB Software, which says it is part of Schneider Electric. It measures from 2D drawings, PDFs and 3D BIM models into live-linked estimating workbooks, and comes in Complete, Core and Quantify packages. RIB lists APAC offices in Australia, China, India and New Zealand but none in Malaysia.
Pros
- + Takeoff from 2D drawings, PDFs and 3D BIM models
- + Estimating spreadsheets live-linked to drawings
- + Automatic revision handling
- + Standalone, network or cloud (CostX Cloud) licensing
Cons
- − No public prices: custom quote only
- − No Malaysian office listed by RIB
- − Estimating only: no accounting or e-invoicing
- − Aimed at quantity surveyors and estimators, not small trade firms
Malaysia note
RIB lists no Malaysian office, so Malaysian buyers get prices through RIB's global quote form. CostX is a takeoff and estimating layer only; it does no LHDN MyInvois or SST work, so pair it with local accounting software.
More Malaysia options
See all Malaysia software vendors and the rest of the Malaysia directory.